Fei Labs Raises $1.3 Billion in Ethereum During Fei Protocol Genesis Launch
The 'Genesis' launch of Fei Labs, the firm behind the Fei Protocol stablecoin, raised 639,000 ETH, roughly $1.3 billion from over 17,000 contributors.
Stablecoin
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Visa Allows USDC PayVisa Launches Pilot Program to Settle Transactions Using Ethereum and USDCments in Collaboration with Crypto.com
Visa now supports cryptocurrency transactions with direct acceptance of payments in USDC stablecoin via collaboration with Crypto.com.
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Bank of Thailand Issues Warning Against Thai Baht Digital (THT) Stablecoin
The Bank of Thailand has published a warning against THT stablecoin, a privately issued stablecoin pegged to the national currency, the Thai Baht.
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Sberbank’s Blockchain Platform and Sbercoin: A New Era in Russian Digital Currency
The largest Russian retail bank, Sberbank is keen on launching its blockchain-based platform in quest to establish its digital currency.
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Origin Protocol Relaunches OUSD Stablecoin After $7M DeFi Hack
After a DeFi attack in November worth $ 7 million, Origin Protocol relaunches the OUSD Stablecoin, provides alternatives of purchasing stablecoin on Uniswap.
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Ripple Lawsuit Sparks Concerns About Tether and Other Crypto Assets
In a latest tweet thread, Bitfinex Tether CTO, Paolo Ardoino, has stepped in to state that there is no indication that the SEC.
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Syscoin and TrustToken Collaborate to Enhance Stablecoin Ecosystem
Syscoin and TrustToken's collaboration aims at advancing payments and offering additional solutions to Ethereum's blockchain.
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Russia Opposes Private Stablecoins, Pushes for Central Bank Digital Ruble
Bank of Russia's first deputy chairman, Sergei Shvetsov opposes issuance of private-ruble-based stablecoins to uphold payment suppression.
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Basis Cash Stablecoin Launch: A New Era in Decentralized Finance
Basis Cash Stablecoin Launch: A New Era in Decentralized Finance The highly anticipated Basis Cash (BAC) is making its way into the market,.
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Tether (USDt) Launches on Solana for Ultra-Fast, Low-Cost Transactions
Tether (USDt), the world’s most popular stablecoin, is now available on Solana, a high-speed Layer 1 blockchain. This integration enables transactions exceeding 50,000.